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Ipsita Das
![Ignorance that Income Earned from Partnership Liable to Tax not Reasonable Cause for Late Filing of ITR: ITAT Upholds Penalty [Read Order] Ignorance that Income Earned from Partnership Liable to Tax not Reasonable Cause for Late Filing of ITR: ITAT Upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Ignorance-Income-Earned-Income-Earned-from-Partnership-Partnership-Income-Liable-to-Tax-tax-Reasonable-Cause-for-Late-Filing-Late-Filing-Late-Filing-of-ITR-ITR-ITAT-Upholds-Penalty-ITAT-Penalty-taxscan.jpg)
Ignorance that Income Earned from Partnership Liable to Tax not Reasonable Cause for Late Filing of ITR: ITAT Upholds Penalty [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that ‘Reasonable Cause' needs to be substantiated for failure of filing of return in...